The dollar index (DXY00) on Tuesday fell slightly by -0.12%. The dollar traded on the defensive ahead of the 2-day FOMC meeting that ends Wednesday, which could yield a dovish outcome with hints of further rate cuts and a possible end to quantitative tig
Keen to bolster a domestic nuclear industry that’s built just three reactors this century, the Trump administration is opting to use a government-investment strategy it’s applied to the mining, steel and semiconductor industries.
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
Already the world’s richest man, Elon Musk is defending his proposed $1 trillion Tesla pay package—arguing it’s less about joining the trillionaires club and more about making sure he can’t be sidelined.
President Trumps closely-watched summit with Chinese President Xi Jinping is set for this Thursday in South Korea with increasing expectations after the weekend of advance talks have resulted in an environment that both sides say could be conducive to co
Bitcoin miners are using their computing power to service a thirsty AI boom, and investors are taking notice. Companies once focused solely on mining digital tokens are signing long-term contracts using their land, energy, and data centers for AI workloa
Septembers Consumer Price Index (CPI) is expected to show inflation holding stubbornly around 3%, underscoring how tariffs and service-sector stickiness continue to complicate the Federal Reserves path toward its 2% target.
Apple has started shipping artificial intelligence servers built in a factory in Houston, it said on Thursday, part of the companys plans to invest $600 billion in the U.S. in the next few years. The servers contain special chips that help Apple deliv
Anthropic PBC is in discussions with Alphabet Inc.’s Google about a deal that would provide the artificial intelligence company with additional computing power valued in the high tens of billions of dollars, according to people familiar with the matter.
Gold futures (GC=F) prices tumbled in their biggest daily drop in over a decade as a stunning rally in precious metals came to a halt. Spot gold dropped as much as 6%, to hover around $4,105 per troy ounce, its largest one-day drop since 2013.
Apples (AAPL) stock price hit an all-time high on Monday, closing out the day up nearly 4% after Counterpoint Research published a report saying initial iPhone 17 sales have outpaced iPhone 16 sales in the US and China.
President Trump and Australian Prime Minister Anthony Albanese signed the framework of the critical minerals deal Monday that aims to boost US access to both the mining and processing of Australian rare earth resources.
OpenAI (OPAI.PVT) would have to spend more than $1 trillion within the next five years to deliver the massive amount of computing power it has promised to deploy through partnerships with chipmakers Nvidia (NVDA), Broadcom (AVGO), and Advanced Micro Devic
Nvidias (NVDA) own Big Tech customers are poised to capture a sizable slice of the AI chip market — a dynamic that could eventually dig into the chipmakers profit margins.
Wall Streets credit worries are intensifying after a warning from JPMorgan Chase (JPM) CEO Jamie Dimon about cockroaches in the US economy. Investors on Thursday punished the stocks of regional banks and an investment bank exposed to the bankruptcy of an
